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20140426
20140504
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on domestically. we have had turnarounds of the gulf coast. we have difficulties in libya. they have a civil war that is undecided who owns the russian assets. who owns them and who was exporting or not exporting them. that comes on the other side of the ukraine tensions. you have a bit of a push me, pull you situation. bob, let's bring you in their. -- here. how are you trading the price of oil? >> i agree with a lot of what dan said. we are seeing a reduced demand out of europe, latin america, just slightly for refined products. the supply is pushing down into the gulf. rent is -- brent is staying elevated. there is plenty of brent on the global oil market. on should see plenty of oil the market. russia will continue to produce. we want to sell u.s.-backed crude back to about $97 and two $97.02. >> what do you see happening between the spread of brent and crude? >> this is not about supply and demand in terms of oil. there was a slightly reduced demand out of latin america and europe, in the short term. , libya is coming back online. there will be 200,000 barrels a day coming back online. poss
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